Michael Saylor’s got a big number on his mind: $15 trillion. That’s how much wealth he says the world loses every year to what he calls “entropic lapse” – a fancy way of saying everything from buildings falling apart to companies going bust to good old-fashioned inflation eating away at our savings.
Breaking down the math, Saylor points to a global piggy bank of about $450 trillion in long-term capital. The catch? We’re losing roughly 3% of that each year to this economic decay. Think of it like rust on a car – it’s slowly but surely eating away at the world’s wealth.
But Saylor, Strategy’s Executive Chairman (you might remember them as MicroStrategy), sees Bitcoin as the answer to this trillion-dollar problem. In his view, Bitcoin’s the first “properly engineered store of value” – basically, digital gold that doesn’t rust.
During a recent podcast appearance, Saylor painted a picture of Bitcoin as a kind of global vacuum, sucking up capital from less stable places. It’s just human nature, he argues – people want to move their money somewhere safer, more predictable.
And that volatility everyone keeps wringing their hands about? Saylor sees it as a feature, not a bug. He points to his own company’s stock as an example, claiming investors could rake in 200% annual interest just by playing the options market right.
The Bitcoin bull’s enthusiasm doesn’t stop there. He’s calling it “the world’s first perfect money” – better than gold, better than dollars, better than anything else we’ve got. With 1,500 crypto exchanges now plugged into the Bitcoin network, Saylor sees the floodgates opening for institutional money.
How high could it go? Saylor’s betting on $5 million per Bitcoin down the road. Bold claim? Sure. But in Saylor’s world, Bitcoin isn’t just another investment – it’s the ultimate solution to a $15 trillion annual problem nobody else seems to be talking about.